Savvy homebuyers and astute developers will want to take note of this idyllic investment. The perfect pairing of an expansive 1,234sqm (approx.) allotment with approved plans and permits, designed by the renown Paul Shaw, for 3 townhouses and a charming single-level home with double garage and large shed for immediate rental income, this property is already on the path to success. The interior of this delightful home begins in the lounge with floor to ceiling windows that reflect light off the lovely timber floors. The adjoining meals area and bright galley kitchen create an inviting open plan space enriched with abundant storage and gas cooktop. With 3 comfortable bedrooms provided plus a bathroom with soaking tub and an ample laundry with guest WC, this is a classic home offers a surplus of comfort. Situated in the sought-after Templestowe Valley Primary School and Templestowe College zone near Bulleen Plaza, Westfield Doncaster, and the Eastern Freeway, this impressive development opportunity promises to pay dividends. Plan your viewing today.